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The subscription rates in the United States and Canada for a civil engineering magazine are 1 year, $7.50; 2 years, $12.00; 3 years, $16.00; and
The subscription rates in the United States and Canada for a civil engineering magazine are 1 year, $7.50; 2 years, $12.00; 3 years, $16.00; and 5 years, \$22.00. Compute the rate of return on the investment for purchasers of: a) 2-year subscriptions b) 3-year subscriptions c) 5-year subscriptions
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